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BP CEO Says Targeting Gas Could Hurt Efforts to Lower Carbon Emissions

By Criterion Research
October 9, 2019 -

BP's CEO Bob Dudley stated that the anti-fossil fuel movement's targeting of gas as well as coal and oil could be counter-productive to global efforts to cut carbon emissions and prevent climate change. 

Dudley believes gas contains a "vital role" to play in any transition towards cleaner fuels, helping meet energy demand. 

The CEO also said Michael Bloomberg's $500 million plan to stop building gas-fired power plants in the U.S. is "irresponsible" and relies on "false equivalence between gas and coal, and an assumption that an all-electric economy will emerge just as soon as we close the alternatives."


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Entities
BP PLC

Categories
Oil and Gas
Upstream

Commodities
Crude Oil
Natural Gas
Power

Sub Commodities
Gas Generation

Tags
Power Demand
Power Plants
Rules and Regulations

Regions
International

Countries
United States

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